Ms Support Corporation II

Analysis

Ms Support Corporation II is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Ms Support Corporation II reported income of $9.7m and spending of $138k, leaving 99% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $4.2m to $9.7m (+132%), an average of +132% a year. The sharpest change came in the year to August 2024, when income rose by 132%. Over the whole period it spent 3.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ms Support Corporation II sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within RI. Charities of a similar size with the same main cause include Jacksonville Classical Academy Inc ($9.7m), Saint James School ($9.7m) and Child Development Inc ($9.7m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $21.7m against liabilities of $8.4m, net assets of $13.3m.